Skip to main content

About your Search

20121123
20121123
SHOW
STATION
LANGUAGE
Search Results 0 to 0 of about 1
FOX News
Nov 22, 2012 9:00pm PST
, access, money back to obama. >> exactly. there is a company out of berkeley, california. a couple weeks they get $25 million cash grant from the federal government, senator dianne feinstein by a million dollar equity in the company. they get the $25 million federal government grant. few months after that, they have a public ipo. initial investors al gore and his business partners, see their investment go from $12 million to $80 million due to the ipo. >> sean: how much money are we talking about. to a person that is watching this program, how much of their money was given to these companies because they raised money for the election campaign? >> tens of billions of dollars. >> sean: how much is wasted? >> i think the overall amount has been wasted. there is a number of bankruptcies. they literally gave $1.6 billion to a company called bright source energy which is already $1.8 billion in debt. it lies money every year and we have poured this additional money into it. that company does not have a business model that works. the problem is, because these decisions are being made for
Search Results 0 to 0 of about 1